Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
REVENUE
Total Revenue	$ 2,595,901	$ 2,978,261	$ 5,499,865	$ 5,650,114
OPERATING EXPENSES
Retail center property operating expenses	442,047	353,834	892,172	681,764
Flex center property operating expenses	160,670	64,716	322,051	118,804
Hotel property operating expenses	339,943	975,189	712,803	1,772,584
Bad debt expense	163		12,946	3,196
Share based compensation expenses			233,100	149,981
Legal, accounting and other professional fees	368,546	296,040	828,415	787,895
Corporate general and administrative expenses	155,509	117,040	236,215	186,177
Loss on impairment			36,670
Impairment of assets held for sale			175,671
Loss on extinguishment of debt	169,675		169,675
Depreciation and amortization	1,122,455	770,377	2,277,652	1,423,610
Total Operating Expenses	2,759,008	2,577,196	5,897,370	5,124,011
Operating (loss) income	(163,107)	401,065	(397,505)	526,103
Interest expense	874,156	1,224,296	1,715,580	3,658,428
Net Loss from Operations	(1,037,263)	(823,231)	(2,113,085)	(3,132,325)
Other income	29,324	182,407	124,763	183,759
Net Loss	(1,007,939)	(640,824)	(1,988,322)	(2,948,566)
Less: Net income (loss) attributable to Operating Partnership noncontrolling interests	(4,376)	1,433	(5,349)	3,473
Net Loss Attributable to Medalist Common Shareholders	$ (1,014,887)	$ (682,963)	$ (2,004,171)	$ (2,960,487)
Loss per share from operations - basic	$ (0.06)	$ (0.05)	$ (0.12)	$ (0.29)
Loss per share from operations - diluted	$ (0.06)	$ (0.05)	$ (0.12)	$ (0.29)
Weighted-average number of shares - basic	17,439,947	14,410,149	16,738,510	10,133,257
Weighted-average number of shares - diluted	17,439,947	14,410,149	16,738,510	10,133,257
Dividends paid per common share	$ 0.02		$ 0.04
Hampton Inn Property
OPERATING EXPENSES
Interest expense		$ 175,389		$ 357,767
Less: Net income (loss) attributable to noncontrolling interests		43,493		18,255
Hanover Square Property
OPERATING EXPENSES
Interest expense	$ 109,786	112,456	$ 217,863	226,522
Less: Net income (loss) attributable to noncontrolling interests	7,272	(2,787)	6,953	(9,807)
Parkway Property
OPERATING EXPENSES
Less: Net income (loss) attributable to noncontrolling interests	4,052		14,245
Retail center property revenues
REVENUE
Total Revenue	1,623,207	1,361,349	3,148,292	2,554,990
Flex center property revenues
REVENUE
Total Revenue	609,843	183,594	1,223,233	366,421
Hotel property room revenues
REVENUE
Total Revenue	356,076	1,421,394	1,118,276	2,708,142
Hotel property other revenues
REVENUE
Total Revenue	$ 6,775	$ 11,924	$ 10,064	$ 20,561